Sunday, September 18, 2011

Forex Market Updates & Commentary

Forex Market Updates & Commentary

Link to Forex News and Commentary by FXDD

Some Weekend Press to chew on

Posted: 17 Sep 2011 08:32 AM PDT

Weekend Press:

“Eurozone Finance Ministers Finally Admit That Banks Need To Be Recapitalized”

http://www.businessinsider.com/eurozone-fin-mins-finally-agree-to-recapitalize-banks-2011-9

“Greek crisis: PM George Papandreou cancels US visit”

http://www.bbc.co.uk/news/world-europe-14960216

“Global Banks 'Quietly' Ask BRICs to Subsidize Greek Aid With $27.6 Billion” (in other words, can you take some of the burden we will have to endure.  It seems to me that if it is a bad investment, it is a bad investment.  I wonder how the privitazation of the Greek publically owned entities are progressing. That was a part of the deal)

http://www.bloomberg.com/news/2011-09-16/global-banks-quietly-ask-brics-to-subsidize-greek-aid-with-27-6-billion.html

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